 Fed cuts rates... again |
| Fed cuts rates... again |
 Jan 22 2008, 10:43 AM
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#1
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9  |
... by three quarters of a percent. Thoughts?
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Jan 24 2008, 01:33 PM
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#2
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
No offense but you guys seriously sound like a bunch of old fogeys talkin about CDs and 4.85% APY. We're all young people, get your damn money in some stocks and funds. Sure it'll fluctuate more but you'll see much bigger gains in the end. CDs are for old people who've got $500k in the bank. When that time rolls around, the CDs you buy and turn over will pay the bills. Your CDs you're buyin now and turning over will buy you a new jacket or something.
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Jan 25 2008, 12:33 PM
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#3
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 Group: Moderators Posts: 885 Joined: 22-February 06 From: Lubbock, Texas Member No.: 12 |
QUOTE (impala454 @ Jan 24 2008, 01:33 PM)  No offense but you guys seriously sound like a bunch of old fogeys talkin about CDs and 4.85% APY. We're all young people, get your damn money in some stocks and funds. Sure it'll fluctuate more but you'll see much bigger gains in the end. CDs are for old people who've got $500k in the bank. When that time rolls around, the CDs you buy and turn over will pay the bills. Your CDs you're buyin now and turning over will buy you a new jacket or something. well that money is all i have right now, except a small amount in the stock markets. So I'd like to have in relatively liquid accounts and getting a decent return. Once i start getting a regular income I'll move to riskier investments. |
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Spectatrix Fed cuts rates... again Jan 22 2008, 10:43 AM
impala454 Great... now by the time I buy a house in the summ... Jan 22 2008, 10:53 AM Spectatrix Nah, housing prices are predicted to continue fall... Jan 22 2008, 11:14 AM impala454 Was that before or after the .75% rate cut? Jan 22 2008, 11:15 AM Spectatrix From articles I was reading today, but they might ... Jan 22 2008, 11:18 AM Hartmann Yep. Useless.
The market isn't looking too ba... Jan 22 2008, 11:28 AM impala454 I seriously doubt a 3/4% rate cut will take two ye... Jan 22 2008, 11:33 AM jwttu great time to refinance, too bad i dont have anyth... Jan 22 2008, 11:42 AM dauss I was 10% richer when the year started. It seems ... Jan 22 2008, 04:51 PM blaarg hyperinflation is inevitable. Jan 22 2008, 05:58 PM impala454 so many financial experts in here... Jan 23 2008, 09:17 AM pysex inflation wins Jan 23 2008, 09:20 AM Spectatrix It's all conjecture, Impala. Sometimes educat... Jan 23 2008, 09:22 AM impala454 I know. It's just funny to see people come on... Jan 23 2008, 09:29 AM Spectatrix hyperinflation hyperbole!
ubiquitous uberinfl... Jan 23 2008, 10:21 AM
impala454 QUOTE (Spectatrix @ Jan 23 2008, 10:21 AM... Jan 23 2008, 02:46 PM Spectatrix Savings rates at ING Direct and eTrade went down. Jan 23 2008, 10:36 AM jwttu QUOTE (Spectatrix @ Jan 23 2008, 10:36 AM... Jan 24 2008, 10:38 AM Spectatrix QUOTE (jwttu @ Jan 24 2008, 10:38 AM) yep... Jan 24 2008, 10:44 AM Hartmann QUOTE (Spectatrix @ Jan 24 2008, 10:44 AM... Jan 24 2008, 10:50 AM jwttu QUOTE (Spectatrix @ Jan 24 2008, 10:44 AM... Jan 24 2008, 12:23 PM Spectatrix QUOTE (jwttu @ Jan 24 2008, 12:23 PM) I w... Jan 24 2008, 12:42 PM impala454 QUOTE (jwttu @ Jan 25 2008, 12:33 PM) wel... Jan 25 2008, 01:26 PM jwttu QUOTE (impala454 @ Jan 25 2008, 01:26 PM)... Jan 25 2008, 06:15 PM Spectatrix No offense, but you're one of the last people ... Jan 24 2008, 01:48 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 01:48 PM... Jan 24 2008, 04:16 PM Spectatrix QUOTE (impala454 @ Jan 24 2008, 04:16 PM)... Jan 24 2008, 04:25 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 04:25 PM... Jan 24 2008, 04:35 PM 2wolUTT I want some cookies, these Combos are too salty. Jan 24 2008, 01:54 PM Psykopath http://www.yahoo.com/s/791008
....wow.
They of... Jan 24 2008, 04:00 PM Hartmann QUOTE (Psykopath @ Jan 24 2008, 04:00 PM)... Jan 24 2008, 04:07 PM Spectatrix Yes, the carrying a balance thing. Like I said be... Jan 24 2008, 05:09 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 05:09 PM... Jan 24 2008, 06:12 PM Spectatrix QUOTE (impala454 @ Jan 24 2008, 06:12 PM)... Jan 24 2008, 06:42 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 06:42 PM... Jan 25 2008, 12:47 AM Spectatrix QUOTE (impala454 @ Jan 25 2008, 12:47 AM)... Jan 25 2008, 09:14 AM impala454 QUOTE (Spectatrix @ Jan 25 2008, 09:14 AM... Jan 25 2008, 10:23 AM Spectatrix QUOTE (impala454 @ Jan 24 2008, 06:12 PM)... Jan 24 2008, 06:45 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 06:45 PM... Jan 25 2008, 12:50 AM pysex Both of you are right.
Paying your bill MORE than... Jan 24 2008, 10:22 PM Spectatrix AmEx has been good to me thus far. They gave me a... Jan 24 2008, 10:44 PM impala454 QUOTE (Spectatrix @ Jan 24 2008, 10:44 PM... Jan 25 2008, 12:51 AM Hartmann The point of CDs is not to lock up your money but ... Jan 25 2008, 08:36 AM Spectatrix Question for you, Impala: did your mortgage lender... Jan 25 2008, 10:59 AM impala454 QUOTE (Spectatrix @ Jan 25 2008, 10:59 AM... Jan 25 2008, 11:37 AM Spectatrix Well I only have the one card (AmEx). I closed my... Jan 25 2008, 11:54 AM impala454 QUOTE (Spectatrix @ Jan 25 2008, 11:54 AM... Jan 25 2008, 01:23 PM Hartmann Savings accounts are liquid but still have restric... Jan 25 2008, 01:42 PM impala454 Some don't... depends on what bank you go to. Jan 25 2008, 02:40 PM Grif Here is a question: How do they look at it when yo... Jan 25 2008, 03:18 PM impala454 Naw that doesn't look bad on your credit repor... Jan 25 2008, 03:21 PM Spectatrix It's good from the perspective of not having p... Jan 25 2008, 03:28 PM impala454 Yeah school loans (at least mine, and a few other ... Jan 25 2008, 03:32 PM Hartmann QUOTE (impala454 @ Jan 25 2008, 03:32 PM)... Jan 25 2008, 03:37 PM kcroxyoursox Interesting about the house discussion stuff you g... Jan 25 2008, 06:33 PM jwttu QUOTE (kcroxyoursox @ Jan 25 2008, 06:33 ... Jan 25 2008, 09:31 PM dauss QUOTE (kcroxyoursox @ Jan 25 2008, 07:33 ... Jan 26 2008, 12:39 PM Spectatrix QUOTE (dauss @ Jan 26 2008, 12:39 PM) htt... Jan 26 2008, 07:02 PM Spectatrix It's not free. Jan 25 2008, 10:34 PM James I'll post mine, but it's not so nice since... Jan 26 2008, 08:52 AM kcroxyoursox Mine is around 711. Trying to pay down my credit c... Jan 26 2008, 12:38 PM pysex Mine is 724 and the only negative effect I have is... Jan 27 2008, 12:36 AM impala454 mine was 730something when I bought my truck in au... Jan 28 2008, 01:01 AM Spectatrix Another 1/2 % cut. Down to 3%. http://www.msnbc.... Jan 30 2008, 01:52 PM impala454 now if only the asshat mortgage companies would ge... Jan 30 2008, 01:54 PM |
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